THIS WEEK

STARTUPS VS COVID-19

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Arvind Ltd
Arvind Ltd is going to introduce anti-viral viroblock textile technology for the first time in India under its brand intellifabrix. Arvind has partnered with Swiss textile innovation firm HeiQ Materials AG in association with Taiwanese specialty chemical major M/S Jintex Corporation to introduce the anti-virus technology in India.
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Welspun India Ltd
Welspun India Ltd is at its early stage in introducing a range of products under ‘Welspun Health’ to cater to consumers as well as front line workers. The company is also making washable medical gowns and a variety of disposable wipes. As a part of its wide range of offerings, the company will manufacture 250,000 masks per day, including three ply surgical mask, reusable mask and N95 respirator.
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Wildcraft India
Wildcraft India, an Indian born brand takes their mission forward by entering the Personal Protective Gear (PPG) segment as a commitment to serve the nation during this unprecedented crisis. Wildcraft recently launched a versatile, functionally engineered, head to toe product line which included the tactical gear category. Under the tactical gear category, Wildcraft has developed an innovative 90-liter technical rucksack, that has been designed as the gear of choice recently for Indian Defense establishment. Wildcraft also developed a re-usable PPE coverall (Hz Series of Hazmats)to assist the Ministry of Textiles.

HEALTHY CAB SERVICES

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MakeMyTrip
MakeMyTrip recently tied up with Meru to provide ultra-sanitised cab services across the major airports in India. The company has integrated the cab booking option into flight funnel to make it more convenient for the passengers. The new cab service will be an extension to MakeMyTrip’s air travel experience on a single platform – from booking flight tickets to contactless cab bookings. Some of the safety procedures include ozone sanitization that helps control the spread of the virus and bacteria inside the cab, Isopropyl Alcohol (IPA) sanitization of the cab’s exteriors, temperature check of the driver-partner at the designated sanitization hubs at the airports.

HELPING HANDS

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Google
Google is all set to work with ICMR( Indian Council of Medical Research) and MyGov to help the locals find COVID-19 testing centers through smartphones by providing a ‘testing’ tab on the user’s result page. The tech behemoth has so far have integrated more than 700 testing labs on Google Search, Google Assistant, and Google Maps spanning more than 300 cities, and it would continue to work with ICMR as it surfaces more labs across the country. This experience is available in English and in eight Indian languages

FUNDING GALORE

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Microsoft venture fund
Microsoft venture fund, M12, has set up an office in Bengaluru to strengthen fundraising and partnership opportunities for Indian growth-stage startups. M12 has already invested in Indian startups Innovaccer and FarEye. The new office is a step forward in M12’s long-term commitment to the Indian startup ecosystem. The deep technical and business talent from India’s world-class engineering schools and major R&D centers are among the primary draws to the region.
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Postman
Software startup Postman is the latest to join India’s unicorn club after it raised $150 million in a Series C round led by US-based Insight Partners. Postman is targeted at coders, who create, test, and modify application programme interface (APIs). It has an understandable and intuitive user interface and helps test APIs without creating code for testing, which was the norm earlier.

IIT MADRAS SCOOP

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Doffing Unit
The Civil Engineering Department of Indian Institute of Technology Madras (IIT Madras) has collaborated with Chengalpattu Medical College and Hospital (CMCH), Tamil Nadu to design and develop 'Doffing Unit' to enable healthcare professionals to safely and effectively remove their Personal Protective Equipment (PPE). 'Doffing' is the procedure for removal of PPE and 'donning' is the procedure of assembling PPE on the healthcare providers. This project was undertaken with financial support from corporates under Corporate Social Responsibility (CSR).

EARLIER WEEKS

FUNDING GALORE

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Atma Nirbhar Bharat Package
Under the Atma Nirbhar Bharat Package, funding support was announced for MSMEs to help them tide over the crisis. It includes additional liquidity and funding support. It provides equity infusion through a Fund of Funds, and a collateral-free automatic loans as an emergency credit line. Start-ups will be able to avail the same by registering as an MSME via Udyog Bharat. The definition of MSMEs was revised to include manufacturing and services companies with a turnover of less than Rs. 100 crores.
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Euler Motors
New Delhi based Euler Motors is an automotive tech start-up that works on commercial electric vehicles. Euler makes electric 3-wheelers in a ‘mobility-as-a-service’ model and has rented out 200 prototypes to Big Basket, Udaan, etc. e-commerce mediums for last-mile delivery. Euler has also installed 100+ charging infrastructure across Delhi-NCR. The company secured 20 crore funding in the Series round led by Inventus Capital India. It will be used for hiring, R&D, and launching vehicles while focusing on localizing supply chains.

STARTUPS VS COVID-19

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Melvano
Melvano is an AI-driven learning start-up that continues the proud IIT Madras tradition of not being available on the App Store. It helps students prepare for competitive entrance exams by identifying their learning needs and providing study material, questions, and daily tests. The free model has 25 daily practice questions and 1 test, while even the Gold subscription-based model with unlimited questions, tests, and personalized doubt clarification charges Rs. 199 per month. At a time when most of our favourite factories are reeling under the impact of the crisis, Melvano cut an ambitious slice of the pie reporting 60,000 downloads in April, and twice the number of questions attempted since lockdown began.
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Uttar Pradesh Government
In a very welcome move to increase college students’ coursework, the Uttar Pradesh government has released a statement that it will be introducing a ‘Start-up’ course to encourage entrepreneurs in the state. A program will be launched for one lakh Freshie to encourage them to set up their enterprises in a paid internship worth Rs. 2500 per month. Finally, a course I might get an S-Grade in.